Downstream petrochemical news
Blue Circles Olefins secures funding to build circular olefins production facility
Blue Circle Olefins has secured funding for the next phase of ProjectNL, the development of a commercial methanol to olefins (MTO) production facility in the Netherlands.
BASF commences production of the first products from its Zhanjiang Verbund site
BASF has commenced production of the first products from the core of the Verbund at its Zhanjiang Verbund site in South China, marking a milestone in the company’s largest single investment project to date.
TA’ZIZ awards EPC contract for large scale PVC complex
TA’ZIZ has announced the award of a US$1.99 billion EPC contract to China National Chemical Engineering & Construction Corp. to build a polyvinyl chloride (PVC) production complex in the UAE.
Toray develops recycling technology to retain carbon fibre strength and surface quality
Toray Industries has announced that it has developed a recycling technology that can decompose diverse carbon fibre reinforced plastics (CFRP) made from thermosetting resins while retaining strength and surface quality.
BYLB launches refinery ethane use to enhance feedstock efficiency
Bright LyondellBasell Petrochemical Co. Ltd (BLYB) have announced the use of refinery ethane as a stable and efficient feedstock in its ethylene cracker unit.
Westlake Chemical Partners announce renewal of ethylene sales agreement
Westlake Chemical Partners LP have announced that Westlake Chemical OpCo LP and Westlake Corp. agreed to renew the ethylene sales agreement between the parties through 31 December 2027.
BPCL and Oil India set to build US$11 billion refinery
BPCL and Oil India are set to build an integrated greenfield refinery and petrochemical plant in Ramayapatnam, India, with an estimated investment of IR1 lakh crore (US$11 billion).
China to account for 60% of upcoming petrochemicals project starts in Asia by 2030
Asia is poised to dominate the global petrochemicals projects landscape, representing for nearly two-thirds of the projects slated to commence operations by the end of the decade, according to GlobalData.
Braskem to increase ethylene and polyethylene production
Braskem S.A. has announced it will increase the ethane base capacity of its petrochemical plant in Rio de Janeiro, Brazil, by 220 000 tpy of ethylene and equivalent volumes of polyethylene.
NEXTCHEM (MAIRE) to cooperate on energy transition initiatives in Uzbekistan
NEXTCHEM and Uzkimyosanoat JSC have signed an agreement on a potential collaboration to develop a carbon capture project in Uzbekistan.